Advanced Markets Group (AMG) has onboarded Evangeline Mauthe as its newest compliance and AML officer as part of a broader organizational reshuffling at the liquidity and PoP service provider.
Ms. Mauthe leaves a short tenure of only five months at BNP Paribas, where she held an analogues role as a senior due diligence controller. Evangeline kicked off her career within the foreign exchange industry back in 2011 when she joined Alpari (UK) as a compliance and account opening team leader.
The compliance veteran also held roles at AxiCorp and Equiti Group ME, part of a career dating back to 1995.
Earlier this year, Advanced Markets had seen exec exodus with key personnel leaving the institutional broker. In January, its global marketing manager Lynn Zhou left the firm after more than two years in the position, having originally joined the firm. There, she was responsible for digital marketing campaigns and also led the corporate consulting and Chinese markets outreach project.
The news threw some cold water on predication for AMG’s business in the US as Lynn is the second executive to leave Boston office in less than two months. Her departure came a few weeks after Natallia Hunik left Advanced Markets, ending a lengthy tenure and multiple roles with the liquidity provider. The 13-year FX veteran joined the enterprise risk management solutions provider CubeLogic as Chief Revenue Officer.
Advanced Markets fires up brand overhaul
Natallia was one of the longest serving at Advanced Markets, having joined the group in Boston office back in 2015. She was originally appointed as Global Head of Sales, in charge of promoting Advanced Markets’ liquidity, technology and credit solutions to banks and brokers globally. This paved the way for a promotion to the group’s Chief Revenue Officer in 2019, a position she held up until her eventual departure.
Advanced Markets announced last year a brand refresh including a new visual identity, redesigned logo and website, and refined mission statement. The refresh came as the company continues expanding its portfolio of trading products and supports its global expansion strategy.
Also in 2021, the company welcomed two new investors, Forexify and Corbel, to join existing shareholders Macquarie Group and GFI Group LLC. The latter firms have reduced their stakes, citing their desire to accommodate new investors for the next phase of Advanced Markets’ growth.
Advanced Markets’ institutional business operates a 100 percent STP/agency model based on its FCA and AFSL licenses. The company’s STP platform enables FX market participants to trade on prices streamed by more than ten FX banks in an anonymous market structure.